As of September 29, 2015 db x-trackers II - UK Gilts Double Short Daily UCITS ETF has gone out of business. db x-trackers II - UK Gilts Double Short Daily UCITS ETF is an exchange traded fund launched by Deutsche Asset & Wealth Management Investment S.A. It is managed by State Street Global Advisors Limited. The fund invests in the fixed income markets of the United Kingdom. It takes short positions and uses derivatives such as swaps to invest in the fixed-rate, British Pound denominated sovereign bonds with a minimum maturity of one year. The fund seeks to replicate the performance of the Deutsche Bank UK Gilts Double Short Daily Index, by employing synthetic replication methodology. The index seeks to track twice the inverse of daily performance of the Deutsche Bank GBP GILTS Total Return Index. It was formerly known as db x-trackers II - UK Gilts Double Short Daily ETF. db x-trackers II - UK Gilts Double Short Daily UCITS ETF was formed on March 19, 2012 and is domiciled in Luxembourg.